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Jan 14, 2013
01/13
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economy questioned, that kind of drop in confidence has the potential to create the next financial collapse. of course, so does unchecked runaway spending. so, it seems clear, neither is a good option. it's hope washington realizes this. quick check on the markets and it was a mixed day. the dow jones up 18 points. nasdaq down 8. s&p 500 down 1.37 points. the real stock of the day was dell. it is higher today on reports that it is in talks over a possible buyout by private equity firms. take a look. the stock rallied almost 13%. that will do it for us. thank you for being with us. hope you'll follow me on twitter and google plus. stay with cnbc, because "fast money" begins right now. >>> live from the nasdaq market site in new york city's times square. i'm melissa lee. sour apples. shares of the iphone maker slide. is apple turning into forbidden fruit? the mystery event. what facebook could be unveiling in less than 24 hours. we're in countdown mode with one of its biggest investors. and the great rotation into stocks heating up. we get the likely impact. first, our top story. apple shares
economy questioned, that kind of drop in confidence has the potential to create the next financial collapse. of course, so does unchecked runaway spending. so, it seems clear, neither is a good option. it's hope washington realizes this. quick check on the markets and it was a mixed day. the dow jones up 18 points. nasdaq down 8. s&p 500 down 1.37 points. the real stock of the day was dell. it is higher today on reports that it is in talks over a possible buyout by private equity firms....
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Jan 21, 2013
01/13
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KPIX
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and spending and the economy. what republican leaders were trying to convey to some of their more junior members, perhaps who like the idea of really holding the white house's feet to the fire on issues like this, if we want to be seen as a governing party not just an opposition party that is constantly threatening to take the government in to a shutdown or default we are going to have to show that we are reasonable. and the fact is that they are going to hold this vote now and they still get another bite of the apple three months from now to try to push the administration to cut spending if they want to raise the debt limit again. >> nancy, we had chance to talk to condoleezza rice yesterday, the former u.s. secretary of state. she told us that when you are an official up there watching the president's inaugural address in his first address, you're taken with the hope and the grandeur of it all. when you're up there for second address you're looking at your watch thinking, i got to get back to work, we've got a l
and spending and the economy. what republican leaders were trying to convey to some of their more junior members, perhaps who like the idea of really holding the white house's feet to the fire on issues like this, if we want to be seen as a governing party not just an opposition party that is constantly threatening to take the government in to a shutdown or default we are going to have to show that we are reasonable. and the fact is that they are going to hold this vote now and they still get...
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Jan 21, 2013
01/13
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KRCB
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together we determined that a modern economy requires railroads and highways to speed travel and commerce, schools and colleges to train our workers. gether we discovered that a free market only -- and fair play. together we resolve that a great nation must care for the vulnerable and protect its people from life's worst hazards and misfortunes. through it all we have never relinquished, nor have we succumb to the fiction that all society's ills can be cured through government alone. our celebration of initiatives and enterprise, our insistence on hard work and personal responsibility, these are constant in our character. we have always understood that when times change so must we. that fidelity to our funding principles requires new responses to new challenges. our individual requires collective tion, the american people can no more meet the demands of today's world by acting alone than american soldiers that met the forces of fascism or communism with musicales and militias, no single person can train all the math and science teachers we'll need to equip our children for the future or b
together we determined that a modern economy requires railroads and highways to speed travel and commerce, schools and colleges to train our workers. gether we discovered that a free market only -- and fair play. together we resolve that a great nation must care for the vulnerable and protect its people from life's worst hazards and misfortunes. through it all we have never relinquished, nor have we succumb to the fiction that all society's ills can be cured through government alone. our...
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Jan 16, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i'm sue herrera with your cnbc market wrap. the dow fell 24 points today. the nasdaq glue seven points. >>> revenue came in ahead of what the street was looking for earnings at goldman sachs nearly tripled in the fourth quarter. >>> and consumer prices were unchanged in december thanks to falling gasoline prices. and the federal reserve says expanded just lightly. that's it from cnbc. we are first in business worldwide. now back to chris and "hardball." ♪ >>> welcome back to "hardball." the white house has come under a lot of criticism over the gender makeup of its political appointments. white men occupy many of the senior positions in the white house right now. so far the president has announced he'd filled thre
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> i'm sue herrera with your cnbc market wrap. the dow fell 24 points today. the nasdaq glue seven points. >>> revenue came in ahead of...
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Jan 15, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes, i actually think it's mocking me. [ engine revs ] what?! quattro!!!!! ♪ >>> welcome back to "power lunch." just when you thought he wouldn't channel his inner steve jobs, he has. he's come back to the stage to say one more thing. facebook has a partnership with microsoft's bing. how interesting is that? we'll see what they're doing here. if nothing fits the querrey from the graph search, you can go to the web do a web search on bing, and that is microsoft's key their there. those shares are likely to beive between now and the next couple of hours. even in the afte
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you name it...i've hooked it. but there's one... one that's always eluded me. thought i had it in the blizzard of '93. ha! never even came close. sometimes,...
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Jan 15, 2013
01/13
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chances are the economy is going to get better. wouldn't that make you want to buy stocks right now. >> it does. we're not -- we're actually a little bit more bullish, esespecially the first six months of the year. we still are expecting slow growth, commodities where we're shorting assets, but in terms of u.s. and in terms of international, we do expect growth, and we are excited about what's happening, but later on in the year i think it's going to be another story. >> what do you mean by that, later on in the year? what's going to be the upset later on in the year? >> there's a lot more issues coming out in terms of europe later in the year. right now it's all about -- it's all about expectations of positive growth that we have in the u.s., but, you know, we still have issues, and investors have got to focus on -- we've got an incredible spending problem. there's still problems in europe so we don't really believe that this year is going to be like last year, but we do expect small positive returns though. >> rick santelli, i wa
chances are the economy is going to get better. wouldn't that make you want to buy stocks right now. >> it does. we're not -- we're actually a little bit more bullish, esespecially the first six months of the year. we still are expecting slow growth, commodities where we're shorting assets, but in terms of u.s. and in terms of international, we do expect growth, and we are excited about what's happening, but later on in the year i think it's going to be another story. >> what do you...
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Jan 14, 2013
01/13
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economy. so guess what? the stock market is up as the consensus earnings estimate has come down. and so the bear aurchlt lacks an intellectual continuity where they were right on the earnings estimates come down, but they've goes to explain. so you think the as specs further identity are improving as we got past the tax cliff. we're going to get past the spending clip in an ugly way. you have to depend on washington, d.c. to give you some banana republic action before we get to the middle of 2013. but in the middle of 2013, we'll know what all of the rules are. and i think the capital spending orders are going to come back and reinforce the housing improvement that you described as well as a pretty good auto market. >> we are talking all day today because everybody got their paycheck and it is definitely smaller. it's always smaller t beginning of the year. but is there any way that there is a headwind from people just not having as much money? >> yes, there's a headwind for the economy and we
economy. so guess what? the stock market is up as the consensus earnings estimate has come down. and so the bear aurchlt lacks an intellectual continuity where they were right on the earnings estimates come down, but they've goes to explain. so you think the as specs further identity are improving as we got past the tax cliff. we're going to get past the spending clip in an ugly way. you have to depend on washington, d.c. to give you some banana republic action before we get to the middle of...
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Jan 19, 2013
01/13
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FBC
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sad world we live in, but people have to realize, these type of things have a negative impact on the economy. the senate that we can beat this debt the better it's going to be for everybody. gerri: last word. tell me, are drones enough to take care of this problem? >> the bottom line, but we have to learn is that we cannot afford billiard. terrorists love a vacuum, and wherever it develops kamal to leave, to pose a threat to the united states. next year it could be afghanistan. we have to be on guard. gerri: thank you for coming on. great job. you guys really explained it all. thank you. >> thanks. gerri: if you're fired up about this or any of the issues, a drop me an e-mail. >> coming up on "the willis report," unemployment is higher. could it be because he has gone awful year without meeting with his jobs council? we tackle this and more house republicans finally unveil their new debt ceiling deal. we examine the good combat command ugly with americans for tax reform president grover norquist later. one ohio teacher said she has a crippling fear of being children, but is still being force
sad world we live in, but people have to realize, these type of things have a negative impact on the economy. the senate that we can beat this debt the better it's going to be for everybody. gerri: last word. tell me, are drones enough to take care of this problem? >> the bottom line, but we have to learn is that we cannot afford billiard. terrorists love a vacuum, and wherever it develops kamal to leave, to pose a threat to the united states. next year it could be afghanistan. we have to...
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Jan 14, 2013
01/13
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economy hostage. here's the president. >> they will not collect a r ransra ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. >> and house speaker john boehner responded quickly saying the house republican majority will do the responsible thing. will make sure the nation meets its obligations, will keep the government running. that's trying to take that specter of the government shutdown off the table. we've got a real confrontation brewing because the president says i'm going to break the habit of crisis-driven fiscal negotiations. and if he succeeds in that, somebody's going to have to break. we're going to find out pretty soon. because the debt ceiling could be hit in as little as one month from now. >> it's interesting that we still haven't had any ideas, though, on spen
economy hostage. here's the president. >> they will not collect a r ransra ransom in exchange for not crashing the american economy. the financial well being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. and they'd better choose quickly because time is running short. >> and house speaker john boehner responded quickly saying the house republican majority will do the responsible thing. will make...
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Jan 14, 2013
01/13
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yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where the headlines have been negative. the news flow has been awful. performance has been awful as well. so the market in europe has more reflected the performance of the real economy than it has here in the u.s. the fed qe program, the safe haven of the u.s. has caused money to flow to this part of the world. i think that leaves the u.s. a little pricier and perhaps more of a risk. >> it takes courage to fight the fed, though, right? >> absolutely. but ultimately and jack said it, fundamentals do matter. i think the market will reflect those. >> i heard active management does better in down markets than the index. they do better in the up markets. >> no question about it. and if you looked at the '08 to first quarter of '09 period, many people left them, haven't come back. god forbid we have another experience like that. then you'll see the index funds have a hard time recapturing the momentum. >> you see a blend of active and passive? >> i think
yet the economy is -- the real economy is trading somewhat off its highs. if you look at europe, for example, where the headlines have been negative. the news flow has been awful. performance has been awful as well. so the market in europe has more reflected the performance of the real economy than it has here in the u.s. the fed qe program, the safe haven of the u.s. has caused money to flow to this part of the world. i think that leaves the u.s. a little pricier and perhaps more of a risk....
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Jan 15, 2013
01/13
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KQEH
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a lot of the conditions in the economy are slow. it spending is to the really that great. so i don't know if the estimates are that achievable. i also think that yeah, better risk/reward in other sectors in the market. we're trying to advise our clients how to outperform the s&p. i think there is better opportunity. within tech there are some things we like where recommending suck stocks for example. i think that is one economically sensitive area that the stocks haven't participated that much in the rally. >> susie: let's talk about the areas that have been telling your clients, morgan stanley clients which direction to go. you have three big themes for your clients. buy stocks with from american companies with exposure to china, positive on china. buy dividend paying stocks and you like very large stocks, what you call megastocks. why are these the themes for you? >> well, look, for china i think we identified late last fall that the u.s. companies with china exposure had really lagged the broader market and had gotten quite cheap. and the china economy started to stabil
a lot of the conditions in the economy are slow. it spending is to the really that great. so i don't know if the estimates are that achievable. i also think that yeah, better risk/reward in other sectors in the market. we're trying to advise our clients how to outperform the s&p. i think there is better opportunity. within tech there are some things we like where recommending suck stocks for example. i think that is one economically sensitive area that the stocks haven't participated that...
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Jan 16, 2013
01/13
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FBC
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economy. european economy. are they going to continue this, and guidance, digging down a little bit deeper into the 2013 story will be really key what the stock price does tomorrow. david: sandy, you have a little bit to add here on ebay, go ahead. >> the fact they beat four straight quarters and here they are with results pretty much right in line with analyst estimates might be the disappointment factor that is weighing in on the shares right now. after this beat we are slightly lower in after-hours trading. paypal was obviously very strong. i do want to point out that the stock has been rallying in anticipation of these numbers coming out point out. first couple weeks of the year, the stock is up 5%. there has been a lot of optimism and a lot of buying into this report. maybe a bit of selling on the news here. liz: sandra, shibani, thank you very much. we're watching ebay as well as gun control as the story develops. peter barnes is very latest on the president's announcement and comments on the issue. we'll
economy. european economy. are they going to continue this, and guidance, digging down a little bit deeper into the 2013 story will be really key what the stock price does tomorrow. david: sandy, you have a little bit to add here on ebay, go ahead. >> the fact they beat four straight quarters and here they are with results pretty much right in line with analyst estimates might be the disappointment factor that is weighing in on the shares right now. after this beat we are slightly lower...
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Jan 17, 2013
01/13
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. >> for the economy? i think we have to divorce the economy from the market. >> have we been price thatting that out? >> we have to be clear that markets are totally different from the economy. for the markets, we're looking at 2% scenario. scenario a would be similar to 2012 where i think actually the economy doesn't do that well. the first half is difficult. second half is a bit better. we've still got the fed printing 5 billion a month. we could see a rerun of 2012. maybe mid to single high digit returns. >> did you get exposure of citi to bofa here? >> we wouldn't be. we're taking a little bit of money off the table or indeed i think we did. the level of implied volatility makes perfect sense here. >> we'll leave it here for now. thanks very much. over to you, ross. >> kelly, thanks for that. so we are just about an hour and 20 minutes into the trading day here in europe. you can see advancers just about outpace decliners by a ratio of 6 to 4 and we're up near the high point of the session which has d
. >> for the economy? i think we have to divorce the economy from the market. >> have we been price thatting that out? >> we have to be clear that markets are totally different from the economy. for the markets, we're looking at 2% scenario. scenario a would be similar to 2012 where i think actually the economy doesn't do that well. the first half is difficult. second half is a bit better. we've still got the fed printing 5 billion a month. we could see a rerun of 2012. maybe...
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Jan 15, 2013
01/13
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economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that means. >> exports in november, down 94.1 billion is where we essentially went. 98.4 billion was the october numbers. so exports in november driving down. and that gdp number is worth pulling out. exports for the year, up 4.1%. as far as production is concerned, it was up 2% in november. but the forecast were for it to rise up 1%. it was a very weak october, as well. it was this production and that production number. when that came out, it essentially made people put a pretty fourth quarter in the whole, kelly. what we're trying to do is de
economy. >>> and jump t to the top of the ftse 100 after third quarter revenue beat the forecast, burberry had earnings higher than expected. >>> all right. sorted out my mike issues. "worldwide exchange" is slightly different today because we're analyzing the first german gdp numbers. >> and i come to the u.s. where it's all annualized and we stick to the european data and it's quarter on quarter. given the context, we're still working through what all that...
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Jan 20, 2013
01/13
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the amount of debt that -- >> that's the economy, exactly. i think what's interesting and what i'm looking to see is, what exactly does this vaunted pivot to asia mean? does that mean they're going to take their eye off other crucial areas, like what's happens in africa with the al qaeda affiliates. what about the peace situation in israel? the truth of the matter is unless israel/palestine is fixed and solved, many of these neighboring countries are going to feel the reverberations. >> should that would be a priority? >> i think so so. and so do many people who cover that region. it will take political capital and political courage. without a vested u.s. presidential involvement that is really consistent and persistent, not much is going to change. and previous histories have shown when the u.s. president is really into it, things do change. but i think come back to afghanistan, the president wants to get out of that country and is, 2014 will be the out date. this is where al qaeda started. and people are consider concerned that the u.s. and
the amount of debt that -- >> that's the economy, exactly. i think what's interesting and what i'm looking to see is, what exactly does this vaunted pivot to asia mean? does that mean they're going to take their eye off other crucial areas, like what's happens in africa with the al qaeda affiliates. what about the peace situation in israel? the truth of the matter is unless israel/palestine is fixed and solved, many of these neighboring countries are going to feel the reverberations....
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Jan 18, 2013
01/13
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economy is recovering. the u.s. consumer has delevered, has got more confidence in the system. we're past the election. the u.s. economy is recovering. that's unmistakable. the speed of it still remains to be determined. but we're recovering. china leadership happened. china will support the growth in that economy and they will drive domestic demand. europe is not getting worse. and there are signs of green shoots even in japan at this point. >> all right. >> and then you've got all the brazil and indonesia which are still exciting stories. i feel good about where the world is heading. is it on a bull streak? no. but is it on a firmer footing? yes. as a long-term investor i care about firm footing. >> some day we will go through 15,000 on the dow, and then 16,000. and then 17,000. >> yeah. >> i mean i just wonder is that within the next couple of years? i mean it's about time. it's been -- we went from 800 to 14,000. and we haven't moved from 14,000 in like 10, 12 years. >> my father always says a journey of a thous
economy is recovering. the u.s. consumer has delevered, has got more confidence in the system. we're past the election. the u.s. economy is recovering. that's unmistakable. the speed of it still remains to be determined. but we're recovering. china leadership happened. china will support the growth in that economy and they will drive domestic demand. europe is not getting worse. and there are signs of green shoots even in japan at this point. >> all right. >> and then you've got all...
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Jan 13, 2013
01/13
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FOXNEWSW
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. lease for $169 per month. i've got two tickets to paradise!l set? pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks who save hundreds of dollars by switching to geico sure are happy. and how happy are they jimmy? happier than eddie money running a travel agency. get happy. get geico. fifteen minutes could save you fifteen percent or more. aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ but they have to use special care in keeping the denture clean. dentures are very different to real teeth. they're a
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. lease for $169 per month. i've got two tickets to paradise!l set? pack your bags, we'll leave tonight. uhh, it's next month, actually... eddie continues singing: to tickets to... paradiiiiiise! no four. remember? whoooa whooaa whooo! you know ronny, folks...
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Jan 20, 2013
01/13
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WUSA
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it can shut down half those cylinders for better fuel economy. and the interior now looks and feels much more like its european competitors >> pretty much anything that you can hear, feel or touch, you can pretty much customize it all >> reporter: this man is the corvette's chief engineer. and this is his baby. and it's the only one >> you're the first outside person >> reporter: am i really? to sit in one of these. reporter: so he was understandably a little nervous about taking us on its first ride. >> it just feels... i don't even know how to describe it. >> reporter: it will do 0 to 60 in less than four seconds. top speed: upwards of 190 miles an hour. >> there's no doubt in my mind that we'll be fully competitive with pretty much any other car: porsche, ferrari, you name it. >> reporter: if you had one word to describe this new vet, what do you think it would be? >> wow. reporter: tom peters is the head of corvette design in charge of sculpting the body to make it fast and functional. >> this probably might have taken as much creative energy
it can shut down half those cylinders for better fuel economy. and the interior now looks and feels much more like its european competitors >> pretty much anything that you can hear, feel or touch, you can pretty much customize it all >> reporter: this man is the corvette's chief engineer. and this is his baby. and it's the only one >> you're the first outside person >> reporter: am i really? to sit in one of these. reporter: so he was understandably a little nervous...
621
621
Jan 21, 2013
01/13
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CNNW
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echoes of fdr, a fighting president who also had a long-term stagnant economy. this was a guy who is ready to go to combat, and he said, look, you both were great but i now need your voices. >> alex brings up history. let's check with h.w. brands. he's a professor and author from the university of texas. i'm curious about your viewpoint on this speech from a historical perspective. >> a couple things. i was struck by the fairly combative tone the president took. it's really clear he's not backing down from the fact that he won the election, so he's going to govern because he won. he and the other people in office took the oath to god and his country. he tried to reach over the heads of his opposition by repeatedly calling to the people. fellow citizens, fellow citizens, we need to do this. i think perhaps the most important part of the speech is one that's gone comparatively unremarked so far, and that is his review to his predecessors for what he called his declaration of war and his belief that the united states does not have to seek a policy of perpetual war,
echoes of fdr, a fighting president who also had a long-term stagnant economy. this was a guy who is ready to go to combat, and he said, look, you both were great but i now need your voices. >> alex brings up history. let's check with h.w. brands. he's a professor and author from the university of texas. i'm curious about your viewpoint on this speech from a historical perspective. >> a couple things. i was struck by the fairly combative tone the president took. it's really clear...
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Jan 15, 2013
01/13
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i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being catalysts galore. bob in florida, bob >> it is fwrat to tais great to. south florida by way of teaneck, new jersey. i'm calling about krispy kreme donuts. i sold it and forgot about it and now it seems like they reinvented themselves. the stock is up 70% since mid november and still trading. even talk about take over. >> i believe there is a turn going on. it has been ages since i looked at it. the last time i looked at it i chipped my tooth. i will do more work on it and see where this one can stop. nobody does know. robert in massachusetts, robert. >> booyah jim, hail from massachusett
i bet that this is one of these moments where the world economies are going to be better. i say that because it is the same batehavior i've seen over d over and over again. they are days to buy, not sell. in order to get into this bull market, here is the bottom line, i think this market is simply taking a snooze after a big bull run. but wakes itself up perhaps with my clock and if history serves me right, they go higher not lower and it is turned out that their evaluations ended up being...
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Jan 18, 2013
01/13
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FBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ gerri: republicans go for a short-term increase in the debt ceiling, but how can we tackle our long-term problems? grover norquist year in 60 seconds. ♪ ♪ gerri: retreating or regrouping? house republicans putting to a vote raising the debt ceiling for three months, but are they backing off of their demands for spending cuts in exchange for raising the debt limit? with more on this, grover norquist, president for americans for tax reform. great
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a...
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Jan 16, 2013
01/13
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FBC
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the overall economy is now in focus. you and many other investors were bearish for most of 2012, now you're looking at consumer names like staples. where did staples come from in your mind? >> the data really supports, in my opinion, getting bullish now. i was bullish for most of 2012. i have been bullish for most of the time, but definitely second half of 2012 until the economic data, whether it was housing, whether it was consumption and even the labor market. i am not saying things are going gangbusters, but it is okay and makes us think what would happen if we didn't have to worry about all the drama in washington, d.c.? after marching something will be resolved one way or another, and we will be out of drama for a little while. i want to see how the economy picks up then. you asked about staples. cheryl: down 17%. and you are buying it? >> yes. it has been beaten down for number of valid reasons. a labor market that was punkish for a while. the lows in europe. this is 3.7% dividend yield, buying back shares, we like
the overall economy is now in focus. you and many other investors were bearish for most of 2012, now you're looking at consumer names like staples. where did staples come from in your mind? >> the data really supports, in my opinion, getting bullish now. i was bullish for most of 2012. i have been bullish for most of the time, but definitely second half of 2012 until the economic data, whether it was housing, whether it was consumption and even the labor market. i am not saying things are...
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Jan 15, 2013
01/13
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KQED
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. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: republicans called the president hypocritical for saying he will not negotiate over the debt limit while blasting republicans for refusing to negotiate. and they fired back that the debate over the debt ceiling was the perfect time to consider legislation to cut spending. at the same time, only a handful of republicans have actually said they'd let the united states default on its bills. >> the president claims this, but republicans have always raised the debt ceiling. we've never seen the debt limit fail to be raised. all they have said is we want to apply the same criteria that the president himself applied when he was a senator and say we don't want to give the president a blank check. we would like to fix the substantive problem which is the level and the growth in the debt. >> reporter: markets are almost trea
. >> they will not collect a ransom in exchange for not crashing the american economy. the financial well-being of the american people is not leverage to be used. the full faith and credit of the united states of america is not a bargaining chip. >> reporter: republicans called the president hypocritical for saying he will not negotiate over the debt limit while blasting republicans for refusing to negotiate. and they fired back that the debate over the debt ceiling was the perfect...
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Jan 21, 2013
01/13
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FBC
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lou: the obama economy in tonight's "chalk talk" we take a look at the obama economic failure. anti-gun advocate started as seven democrat, and day distort his campaign ad. he supports the second amendment steven haze of the weekly standard, a former bush special assistant to next. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, answer any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-miion artifac
lou: the obama economy in tonight's "chalk talk" we take a look at the obama economic failure. anti-gun advocate started as seven democrat, and day distort his campaign ad. he supports the second amendment steven haze of the weekly standard, a former bush special assistant to next. ♪ [ male announcer ] where do you turn for legal matters? at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to...
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Jan 16, 2013
01/13
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CNBC
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grow the economy by bringing in some certainty to it. if he wants to fight hard for tax rate increases, he ought to be fighting just as hard for spending cuts. >> you know, governor, he made an interesting point during his news conference this week where he said if -- if this debate is just about reducing the fiscal deficit, he's on board and let's get it done, but he suspects that there are a lot of conservative republicans out there for whom this debate is about the bigger picture of the role the federal government plays in americans' lives, and he said that's not a debate he wants to have. he doesn't want to be cutting entitlement programs just because conservatives want to reduce the role of government in americans' lives. is it possible we're having two simultaneous debates at once here? >> well, he's got to reconcile the differences. almost like saying i know i'm overweight but don't ask me to go on a diet. i mean, there's got to be efficiencies found in the federal government. the fact that we're cutting spending doesn't mean that
grow the economy by bringing in some certainty to it. if he wants to fight hard for tax rate increases, he ought to be fighting just as hard for spending cuts. >> you know, governor, he made an interesting point during his news conference this week where he said if -- if this debate is just about reducing the fiscal deficit, he's on board and let's get it done, but he suspects that there are a lot of conservative republicans out there for whom this debate is about the bigger picture of...
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Jan 15, 2013
01/13
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the tailwind for housing recovery will provide for the banking sector for consumer confidence for our economy in general. we have to see financials do well kicking off tomorrow. david: we're going to talk the market just tomorrow about this, but is there any kind of move we could see a selloff springtime when a lot of people are saving their cash? >> that is so well advertised. everybody whereby short-term correction and to that point maybe people talking about the next of the 1425, the next resistance, going up to far too fast, but so well advertised. everybody knows what they are. still seems to be higher. everybody is thinking we will see a correction and that is probably why we will not see one. david: thank you very much. we will see you in a couple of minutes when the market closes. hang on for that. liz: let's bring in our panel for the market. let me begin with you. you are pretty bearish, but to say you're bearish is unfair to the viewers because the market is such a huge living, breathing creature. where are you most concerned and what do you like that doesn't scare you? >> we like
the tailwind for housing recovery will provide for the banking sector for consumer confidence for our economy in general. we have to see financials do well kicking off tomorrow. david: we're going to talk the market just tomorrow about this, but is there any kind of move we could see a selloff springtime when a lot of people are saving their cash? >> that is so well advertised. everybody whereby short-term correction and to that point maybe people talking about the next of the 1425, the...
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Jan 15, 2013
01/13
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debt as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. will that be the moment for investors to get in. good to see you, gentlemen. thanks so much for joining us. what are you expecting in terms of this market 2013? >> sure. well, right now we're at 1472 on the s&p. we think it's going to go marginally higher from here, but it's not going to be a smooth ride. we've got a vix at 13 and change. that's too low. that's where the complacency comes from. you see it there. as we move into the debt ceiling debate, it can be far harder to solve than the taxes, we think the market can be down for a while, and before it comes back up. >> so you're looking for a decline, and perhaps that is an entry point for some. do you agree with that? >> i think any decline is an opportunity to buy, maria. i'm very, very bullish on u.s. equities and one of the main reasons i am the u.s. energy story which i think is a story that's not being told as well as it shou
debt as well as the global economy. according to rex macy it is. he thinks there's a good chance that risk fears will rise and, therefore, the market will pull back. will that be the moment for investors to get in. good to see you, gentlemen. thanks so much for joining us. what are you expecting in terms of this market 2013? >> sure. well, right now we're at 1472 on the s&p. we think it's going to go marginally higher from here, but it's not going to be a smooth ride. we've got a vix...
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Jan 16, 2013
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what do you think that tells us on where we are in the economy? >> look at numbers of the last week or two, retail production numbers for december, and they were actually pretty good. of course, the employment numbers we already know were soiled, and this is in a period where the uncertainty over the fiscal cliff was reaching a maximum. you know, maria, you think that's pretty encouraging that the economy has managed to cope with a high level of uncertainty. now the thing that kind of bothers me though is i'm a little bit worried that this coping is flipping over to complacency. the vix is now at a six-year low, and it tells me that the market is discounting 100% probability that we get through the debt ceiling without any trouble. that seems too high to me. >> so do you think the market is expecting that? i mean, when would you expect a big change in terms of the interest rate scenario? >> in terms of the interest rate scenario, probably nothing this year. i mean, we're at least a couple years away from a higher move -- a move higher in interest
what do you think that tells us on where we are in the economy? >> look at numbers of the last week or two, retail production numbers for december, and they were actually pretty good. of course, the employment numbers we already know were soiled, and this is in a period where the uncertainty over the fiscal cliff was reaching a maximum. you know, maria, you think that's pretty encouraging that the economy has managed to cope with a high level of uncertainty. now the thing that kind of...
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Jan 21, 2013
01/13
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decisions but to secure equal pay for equal work, it to protect medicare for seniors and to build an economy that works for the middle class. that is exactly what we should expect from washington. i am proud to say we have a president we can count on it. president obama has taken strong stands with women and families on health care, equality, economic security. he appointed two fantastic women to the united states supreme court. he chose his biggest rival to be his biggest partner on the world stage. we are so proud of hillary clinton. president obama trusts women and women can trust president obama. we have reason to feel good about where we stand today. with the movements like the one we have built together we have reason to aim high in the years to come. last cycle we more than quintupled its the size of our community. we were using technology to open our doors to another generation of women and men where we meet up. we are reaching them where they are, helping them understand what is at stake and adding their voices to our movement. i am proud to say that emily's list is now more than 2
decisions but to secure equal pay for equal work, it to protect medicare for seniors and to build an economy that works for the middle class. that is exactly what we should expect from washington. i am proud to say we have a president we can count on it. president obama has taken strong stands with women and families on health care, equality, economic security. he appointed two fantastic women to the united states supreme court. he chose his biggest rival to be his biggest partner on the world...
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Jan 18, 2013
01/13
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CSPAN2
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the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25 million units of those 14 million units that were assembled right here in michigan and we should be proud of that. [applause] also the winners of the cars of the year. if you want the best come you buy it from a michigan company. [applause] on agriculture, we continue to do well. we had a freeze early in the year, it devastated some of our fruit crops. and that was terrible. we had drought issues. but overall we had a strong year, we had record production and sugarbeet production and wheat. back in 2011, i worked with the farm bur
the first one is how is the economy. we are the sixth fastest-growing state in the nation and we should be proud of that. [applause] just to talk about some of our major industries, everybody talks about the history of autos. i talk about it as our victory industries. agriculture, automotive centrism. i'm into the auto show just this week. it's a wonderful thing to see. the automotive industry is back in our country, 14 million units sold. right here in michigan, as lester we produced over 2.25...
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Jan 18, 2013
01/13
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our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the regulatory regime, both in this country and europe. going in to that, what your reservation -- [inaudible] the deal that would emerge from the negotiations. what would you be most concerned about? >> i said in a meeting of the group that is looking at this, in my position, stated there was that we should undertake serious discussions between the u.s. and e.u. at the same time, i think we need to be realistic. i was -- [inaudible] what was that? over ten years ago, and i think there were unnecessarily optimistic views about how quickl
our economy, and the global economy. and i think he needed to be straight up and not say that the essentially what i'll do is look for ways around it. the republican caucus has, as i said ate the beginning, so dramatically changed from when i joined -- which has jurisdiction . the republican party has to decide how much it's willing to game, the economy of the united states. [inaudible] i'm not surprised. [inaudible] negotiations that resolved in a fairly -- [inaudible] have an effect on the...
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Jan 16, 2013
01/13
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we'll get an indication of where the economy is going and where it's been. volatility, people also watching apple k. it regain $500, that's been, you know, a lot of chatter here and there. and then on the equities side, 1471.25 on s&p futures the high back a few days ago. if we could break through the level, you will see increased fund flows, more money coming to the market to the long side. and it seems like, you know, i'm really -- surprised because the debt ceiling concern and talks, it's been pretty much nonexistent on the industrial -- >> the markets at fresh five-year highs. >> yeah. it's all because we had the fiscal cliff. and it was so volatile coming into it. we saw some massive swings and massive breakdowns coming into it. it seemed like the market was all over the place. with the debt ceiling, everyone thinks they'll kick the can, raise the debt ceiling up, or get resolved within -- >> that mean the market's at risk? it would seem yes, right? >> see, if you -- my opinion of what will happen is if there's any small breakdown in it, you know, if th
we'll get an indication of where the economy is going and where it's been. volatility, people also watching apple k. it regain $500, that's been, you know, a lot of chatter here and there. and then on the equities side, 1471.25 on s&p futures the high back a few days ago. if we could break through the level, you will see increased fund flows, more money coming to the market to the long side. and it seems like, you know, i'm really -- surprised because the debt ceiling concern and talks,...
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Jan 17, 2013
01/13
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the economy is morrow less back on track. we think there would be more proactive fiscal policies to come action but most of those announcements will come likely in march. >> the new government has made several nods towards urbanization, so we've seen material stocks go higher. investors like to think of china in the growth sector. is that where you see some of the best opportunities at this point? >> we do see a lot of those sectors did run up after the urbanization push and all of the news media coverage around it. we see more details on the exact urbanization probably in march or april, but at this point i think there's numerous ways to go. the obvious interpretation is more infrastructure investment, but other than the, premier to be has been very focused on the social safety net issues as well, saying he needs to migrate more people into the urban areas. you need to provide better health care and better social housing, so don'tunder estimate what we might see. >> another long-term issue is basic manufacturing is starting
the economy is morrow less back on track. we think there would be more proactive fiscal policies to come action but most of those announcements will come likely in march. >> the new government has made several nods towards urbanization, so we've seen material stocks go higher. investors like to think of china in the growth sector. is that where you see some of the best opportunities at this point? >> we do see a lot of those sectors did run up after the urbanization push and all of...
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Jan 21, 2013
01/13
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WBAL
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. >> and we're going to put this nation's economy on a sustainable path to the future. [ applause ]. >> let me tell you, it has just been a true thrill to watch this handsome, charming -- [ laughter ] >> individual grow into the man and the president that he is. >> now first of all, i love michelle obama -- [ cheers ] >> and to address the most significant event of this weekend, i love her bangs. [ cheers ] >> she looks good. >> the world will be watching as president obama lays out his plans for the next four years today. and he has set the bar high, saying abraham lincoln's second inaugural is the one he would most like to emulate. we have more from the center of it. danielle, what's going on right now? >> reporter: good morning, veronica. right now it's a bit chilly and breezy. pretty quiet. that is all going to change shortly when hundreds of thousands of people, likely up to 800,000, crowd on to the national mall here to watch president barack obama take the oath of office in a public ceremony kicking off his second term. people very excited about this trip. they're going to be
. >> and we're going to put this nation's economy on a sustainable path to the future. [ applause ]. >> let me tell you, it has just been a true thrill to watch this handsome, charming -- [ laughter ] >> individual grow into the man and the president that he is. >> now first of all, i love michelle obama -- [ cheers ] >> and to address the most significant event of this weekend, i love her bangs. [ cheers ] >> she looks good. >> the world will be...
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Jan 15, 2013
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this is an $16 trillion is greater than our nation's economy exceeding our g.d.p. and we have on the floor floor toda legislation that calls upon our children and grandchildren even greater burdens of debt. it's time to end the credit card economics. we simply cannot afford to spend money that we are borrowing from countries like china on-line items we don't need and constitution isn't authorized to spend. my amendment strips one line item out of this bill. this is really low-hanging fruit. the sandy relief effort was increased by $1 million to boost the legal services corporation, massacre aiding as disaster relief and i thought we had a ban on earmarks in this congress. why is a bailout for new york lawyers emergency hurricane relief, even if you believe this is a legitimate government program which i don't, by the way, how can you argue that spending on lawyers is a legitimate emergency spending? let me say again, for $-- we are $16 trillion in debt, we are $16 trillion in debt, america. we simply cannot afford to continue like this. we cannot keep spending on m
this is an $16 trillion is greater than our nation's economy exceeding our g.d.p. and we have on the floor floor toda legislation that calls upon our children and grandchildren even greater burdens of debt. it's time to end the credit card economics. we simply cannot afford to spend money that we are borrowing from countries like china on-line items we don't need and constitution isn't authorized to spend. my amendment strips one line item out of this bill. this is really low-hanging fruit. the...
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Jan 15, 2013
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to get the economy growing faster. >> would you be one? >> unlike the congress, the fed has done quite a lot and there isn't very much more the fed could do. i would certainly be with chairman bernanke. i was happy when they switched over, which is likely to have a bigger impact on the economy. the other thing i've been urging on the fed but they're not doing it is cut the interest rates by holding idle excess reserves in the hope that some of that will go into the economy. >> we have to leave it there, but thank you very much for your thoughts today. let's bring in don peebles of the peebles corporate. don, great to have you on the set today. >> good to be here. >> how does it play out? >> in the end it's a lot of drama about a profungtsry performance. the government needs to stand behind its credit. that's one of the benefits as a government, we get low rates because our credit is good. it's a shame we're spejd all this time. we spent much more than we take in. and we can't continue do that. we even done what we're going to do on the tax
to get the economy growing faster. >> would you be one? >> unlike the congress, the fed has done quite a lot and there isn't very much more the fed could do. i would certainly be with chairman bernanke. i was happy when they switched over, which is likely to have a bigger impact on the economy. the other thing i've been urging on the fed but they're not doing it is cut the interest rates by holding idle excess reserves in the hope that some of that will go into the economy. >>...
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Jan 15, 2013
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FBC
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if they do this, what happens to the economy, the stock market? >> well, i would think that financial markets have had enough warning of a possible downgrade of the u.s. aaa credit rating by an agency other than s&p, and thus perhaps it would not have that damaging impact. the downgrade was not especially g. that being said there will be a negative psychological shock that will temporarily send share prices sharply lower, but provided that policymakers in washington could reassure markets that washington is going to do more to stabilize the budget. maybe that -- gerri: it makes into the pipe. they did it -- did not to say there are going to downgraded if we did not like the debt ceiling prices go away. they also said the current outlook is likely to be resolved even if another debt ceiling crisis is averted. they want to see spending cut. now, do you think that the markets would go to town if there was some big deal on spending? >> i think if substantial progress was made at kirby expenditures over time so that this threat of a data rate could be
if they do this, what happens to the economy, the stock market? >> well, i would think that financial markets have had enough warning of a possible downgrade of the u.s. aaa credit rating by an agency other than s&p, and thus perhaps it would not have that damaging impact. the downgrade was not especially g. that being said there will be a negative psychological shock that will temporarily send share prices sharply lower, but provided that policymakers in washington could reassure...
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Jan 15, 2013
01/13
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melissa: is good for the economy, good for jobs, what is your main message? >> fracking has never polluted water sources. at least the head of the epa, she said that twice to congress, not a single piece of scientific evidence to show the fracking -- melissa: because there is no evidence, people have not been out there looking at it, have not been focused long enough. just trying to be the devil's advocate. >> fracking has been going on in america since 1947. there is a big test pool. we would have known about it by now. every step to fracking it is scientific reports. this is one place where the science is settled. fracking has been going on since 1947. melissa: do you think you'll be able to reach enough people out there o where does the name of matt damon reach more people? >> it has zerasked nominations, a very interesting phenomenon. we will be on tv and that is great, every american, most americans will have a chance to see it. on access to january 22, 9:00 p.m. eastern. melissa: you have to get your plug-in. thank you for coming on. time for today's fu
melissa: is good for the economy, good for jobs, what is your main message? >> fracking has never polluted water sources. at least the head of the epa, she said that twice to congress, not a single piece of scientific evidence to show the fracking -- melissa: because there is no evidence, people have not been out there looking at it, have not been focused long enough. just trying to be the devil's advocate. >> fracking has been going on in america since 1947. there is a big test...
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Jan 14, 2013
01/13
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FBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. it's the musical melissa: can you ever have too many snakes? we told you about the first ever python challenge in the everglades. offering prizes to whoever snags the most snakes. as well as two bags the biggest. so for hundreds of people have shown up to get in on the action including fox news down there with a machete. look at that. you look very scary. and imposing. >> this is the recommended tool to take out. guns and machetes. after three d
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello?...
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Jan 15, 2013
01/13
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FOXNEWSW
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road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >> with the gun control debate exploding across the country. one kentucky sheriff sending a strong message to the feds. jackson county sheriff denny payman insisting you're never going to pull guns out of jackson county. how does he intend to make good of that declaration. the sheriff joins us, good evening, sir. >> good evening, how are you this evening. >> greta: very well. what happens if president obama issues some executive order and increases the control over guns or weapons? you're not going to enforce it? >> with the executive order? >> yes. >> okay. well, when i swore an oath, i swore an oath to the community. the group of people that live in jackson county. i swore an oath to the constitution, and swore oath also to the constitution of kentucky, and in that constitution is a second amendment and that's what this country i
road and track called sentra an economy car minus the look and feel of an economy car. wonder how civic and corolla look and feel about that. the all-new nissan sentra, with best-in-class mpg. lease for $169 per month. visit choosenissan.com. >> with the gun control debate exploding across the country. one kentucky sheriff sending a strong message to the feds. jackson county sheriff denny payman insisting you're never going to pull guns out of jackson county. how does he intend to make...
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Jan 15, 2013
01/13
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but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let me turn the floor to them. >> thank you for your comments, chairman bernanke command for your comments. i am master's student. the first question is, if treasury had a trillion dollar platinum coin, with they have made in the count? if not, why not. >> well, i'm not going to give that any oxygen. [laughter] as you probably know, the treasury and the federal reserve over the weekend, the treasury issued a statement to which the federal reserve approved stating that we did not think this was the right way to deal with this problem. i mean, there are legal issues, pol
but i want to see our economy recover. i would like to see this. i would like to see the labor market, fiscal policy addressed the issues that were mentioned. obviously difficult issues out there, but i do think things are moving, you know, not as fast as we would like. in that direction i am cautiously optimistic about the next oliviers. >> thank you. [applause] well, as i mentioned, i'm sure that there are a great many questions that have already been shared with our presenters, so let...
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Jan 15, 2013
01/13
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raising taxes grows the economy or -- >> no, it does not grow the economy. we have to be serious how much the president contributed to overall debt picture. $6 trillion since he came to office. nearly $20,000 per united states citizen has been added since president obama came into office. so just silly to argue he hasn't contributed. melissa: blame game gets us nowhere because everybody contributed to it. god it is a mess and we have to fix it. when you hear people like nancy pelosi saying the fiscal cliff was not enough on the revenue side. you hear, you know, many politicians chiming in. howard dean, for example, saying in december that the truth is everybody needs to pay more taxes. we're not going to get out of this deficit problem unless we raise taxes across the board. the rich can't solve the problem. i guess that is where i'm going with this is, it seems like, especially from what you're saying susan, everyone will have to pay more taxes to get out of this. >> i actually don't agree with that point. i don't agree with howard dean either. we're not lo
raising taxes grows the economy or -- >> no, it does not grow the economy. we have to be serious how much the president contributed to overall debt picture. $6 trillion since he came to office. nearly $20,000 per united states citizen has been added since president obama came into office. so just silly to argue he hasn't contributed. melissa: blame game gets us nowhere because everybody contributed to it. god it is a mess and we have to fix it. when you hear people like nancy pelosi...
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Jan 18, 2013
01/13
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FBC
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state and local level consumes one-third more of the economy in california and texas. said one-third of the nation beaufort one negative 11 negative welfare recipients are in california all there 1/8 of the population. everything. john: a percentage of households receiving public assistance is much higher in california and lower than average in texas. that means that you start the pork people. >> 42% lower cost of living in texas and california. u.s. census bureau has been criticized over 20 years for not taking into account the cost of living that different states with housing and food and clothing. john: there was the old poverty rate measure were texas lost 16 percent of the people in california were in poverty, of 17 percent in texas but now it includes the cost of living. >> and government benefits. with this new measure would week after the election news see the state with the highest poverty rate in the nation is california even higher than the district of columbia. that should be a warning to progressives who maintain the big government model is the path of to
state and local level consumes one-third more of the economy in california and texas. said one-third of the nation beaufort one negative 11 negative welfare recipients are in california all there 1/8 of the population. everything. john: a percentage of households receiving public assistance is much higher in california and lower than average in texas. that means that you start the pork people. >> 42% lower cost of living in texas and california. u.s. census bureau has been criticized over...
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Jan 17, 2013
01/13
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MSNBCW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored heartburn pill? because this is america. and we don't just make things you want, we make things you didn't even know you wanted. like a spoon fork. spray cheese. and jeans made out of sweatpants. so grab yourself some new prilosec otc wildberry. [ male announcer ] one pill each morning. 24 hours. zero heartburn. satisfaction guaranteed or your money back. [ male announcer ] how do you make 70,000 trades a second... ♪ reach one customer at a time? ♪ or help doctors turn billions of bytes of shared information... ♪ into a fifth anniversary of remission? ♪ whatever y
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. is the same frequent heartburn treatment as prilosec otc. now with a fancy coating that gives you a burst of wildberry flavor. now why make a flavored...
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Jan 17, 2013
01/13
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FBC
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the financials are a pure play against an improving economy. that is a procyclical type investment strategy looking at industrial financial technology. i think that is where we are. liz: american express, you also like leucadia as another pic. i guess it acts as a dow component. would love to know your perspective right now. >> they put out a good number today. again, here' here is another sin where management is running the business very well. additionally they have the right kind of finance in here right now, the upper echelon client, those people who pay their bills and pay them on time, you also have the benefit getting exposure in the emerging market. one of the keys for being successful for big businesses right now is to make sure you have exposure in these emerging markets. that is where real growth is happening and they could offset to that 2% growth rate we are experiencing in the u.s. that is one of the things you havlook for in these markets rit now. david: information technology, you are big on ebay. why? >> if you look at what ebay
the financials are a pure play against an improving economy. that is a procyclical type investment strategy looking at industrial financial technology. i think that is where we are. liz: american express, you also like leucadia as another pic. i guess it acts as a dow component. would love to know your perspective right now. >> they put out a good number today. again, here' here is another sin where management is running the business very well. additionally they have the right kind of...
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Jan 19, 2013
01/13
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CSPAN
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we have learned at last to manage a modern economy to assure its continued growth. we have given freedom new reach. we have begun to make its promise real for black as well as for white. we see the hope of tomorrow in the youth of today. i know america's youth. i believe in them. we can be proud that they are better educated, more committed, more passionately driven by conscience than any generation in our history. no people has ever been so close to the achievement of a just and abundant society, or so possessed of the will to achieve it. and because our strengths are so great, we can afford to appraise our weaknesses with candor and to approach them with hope. standing in this same place a third of a century ago, franklin delano roosevelt addressed a nation ravaged by depression and gripped in fear. he could say in surveying the nation's troubles -- "they concern, thank god, only material things." our crisis today is in reverse. we find ourselves rich in goods, but ragged in spirit, reaching with magnificent precision for the moon, but failing into raucous discord
we have learned at last to manage a modern economy to assure its continued growth. we have given freedom new reach. we have begun to make its promise real for black as well as for white. we see the hope of tomorrow in the youth of today. i know america's youth. i believe in them. we can be proud that they are better educated, more committed, more passionately driven by conscience than any generation in our history. no people has ever been so close to the achievement of a just and abundant...